Medical Accounts Receivable Services: Our Healthcare Solutions. If you have a headache, you might go to your medicine cabinet and grab a remedy, like Aspirin or Tylenol.
But what do you do if your Medical Practice has a “Headache”? And let’s be clear, most practices DO have a headache.
They might not have noticed, or if they have, they don’t know how to fix the problem. OTC pain relievers won’t help. That headache is called ACCOUNTS RECEIVABLE. It’s probably the most significant pain a medical practice has to face.
Rely Services would like to prescribe a HIPPA Compliant, Healthcare BPO.
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Alleviate some pain. Take advantage of our Medical Accounts Receivable Services today!
Accounts receivables include the management of endless reports dealing with insurance claims and reimbursements, collection analysis, bad debt reviews, and write-offs. The pain keeps piling up! Outstanding claims or delayed collections can put a lot of pressure on an otherwise thriving practice. State and federal regulations increase paperwork. Shifting insurance coding methods can delay reimbursement since the slightest error will cause a denied claim.
On average, 70-80% of patients owe a minimum of $500 to their healthcare providers. More than 45% of patients owe $1000. If a bill is not eventually paid or settled, the expense of treatment will NEVER be recovered. Is it inevitable that you incur this loss? While not supplanting patient care as the #1 priority, billing and payment are IMPORTANT and should be treated as such. So WHY do medical practices continue to lose money on the process when there is an alternative. Accounts Receivable Management. Many methods and hospitals chose to Outsource Receivable Services and save both time and money.
Medical Accounts Receivable Services. The Solution To Your Pain.
By outsourcing with Rely Services, you’ll be partnering with one of the most experienced Healthcare Business Process Outsourcing firms on the planet. Our teams are professional, highly skilled, well-trained, and personable. We know that it’s our job to represent you, and we won’t let you down.
We can handle your Accounts Receivable services quickly and accurately.
We handle this part of the process quickly and accurately. The verification will be done before the patient sees the healthcare provider.
While we know the coding procedure inside out, often, a claim will be denied because of the misinformation provided by the patient. When this happens, we’re on it, getting the corrected information to the insurance provider and getting the payment process back on track.
We don’t believe in waiting! The process begins with the claim process and the billing for the patient’s co-pay. Routinely, that should take no more than 30 days. If it does take longer, it gets a red flag and goes to the front of the queue.
Our A/R team will stay on top of the process until the bill is paid. Rely Services has a proven track record of getting things done, and we’ll stay on top of this, so you don’t have to. We’ll make sure both the insurance company and the patient understand this.
With detailed reporting, which includes insurance aging reports, your business will have the complete picture of its financial health, and a definitive timeline of accounts receivable settlement and claim collection cycles.
Starting with the initial bill, our focus never changes: Git it Paid! The billing is done and out within 24 hours of getting us the information. The same holds for the insurance coding and notification of the claim.
Rely Services. We Sweat the Small Stuff.
When looking for a partner in building your business and cutting costs, examine our credentials, talk to our current clients, and take a look at our work and our team members. We’re writing history with our depth of experience and breadth of expertise. For over 20 years, Rely Services has built a reputation for sweating the details and providing only the best in Medical Accounts Receivable Services:
We have stringent quality control and even a dedicated team of inspectors that make sure our work for you is accurate and complete. Our error rate has been measured by third party examiners at less than 0.01%
Our teams can save you capital, so you can invest it in expanding your enterprise. Our services include one of the most highly trained teams of professionals in the business. And we routinely save our clients 40% or more.
We’ve never lost any data to power, system, server, or network failure. We’ve never had a random or targeted data breach. All of our data has multiple redundancies, so even catastrophic events will not result in a loss.
All our services are scalable, so we always have the resources to fit your needs. And if there are slow seasons for you, we can match the activity level. If your busy seasons are crushing you now, we can ease that burden.
Rely Services can do the best work at the best price in the industry. We can scale your dedicated team to make sure that you’re getting exactly what you need, not more, not less
While this is a ‘must’ for working in this field, Rely Services has never had a complaint or violation. Our methods meet or exceed the stringent industry standards.
Our global reach can result in head-snapping speed for your project’s data. Input, compilation, storage, and retrieval, our speed will astound you. Give us the work at the end of your day, and you’ll have it back in the morning
Call, Text, or Email. We’re here. If you need a rush job or even assistance with something you don’t normally do, we have the people and knowledge that can help
Insurance, both private and government, seems to change methods and requirements continually. With Rely Services, your practice, clinic, or hospital can leave that task to someone else. We guarantee our ability to stay on top of changes and not lose any time or money because of our mistakes
You Deserve the Best!
Using Rely Services as your Medical Accounts Receivable partner will save you more than time and money. Since we are relentlessly refining our business methods, our constant pursuit of perfection will benefit your operational practices. Contact us today for a detailed evaluation of the many ways we can make you more successful.